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MTU Aero Engines profits from Etihad order for GP7000-powered A380s

• Sales of around 140 million euros for the Munich-based company

Le Bourget, June 16, 2009 – MTU Aero Engines will benefit from a big A380 order: At the Paris Air Show in Le Bourget, Etihad Airways announced that it will equip ten Airbus A380s on firm order and another ten on option with GP7000 engines, in which MTU has a stake of 22.5 percent. The firm order covers 44 engines plus spare engines. For Germany's leading engine manufacturer, this translates into sales of around 140 million euros. First aircraft deliveries to the United Arab Emirates' national airline are scheduled for 2013.

MTU Aero Engines' CEO Egon Behle commented on the deal: "This is a positive signal in the current crisis and goes to show that high-quality products find buyers also in a difficult economic environment." MTU's workshare in Engine Alliance's GP7000 comprises the low-pressure turbine, the turbine center frame and parts of the high-pressure turbine. Alongside General Electric and Pratt & Whitney, the company is the third-largest partner in the consortium. Says Behle: "The GP7000 is one of our most important commercial engine programs down the road. It will ensure a stable workload for our production shops and help secure high-tech jobs at MTU."

About MTU Aero Engines
With a workforce of 7,500 people, MTU Aero Engines is one of the major players in the engine business worldwide. In fiscal 2008, the company posted more than 2.7 billion euros in consolidated sales. In the commercial area, MTU is the world's largest independent provider of engine maintenance services. In the military arena, it is Germany's industrial lead company for practically all engines flown by the country's armed forces. Having carved out leading positions in engine technologies, the company excels in low-pressure turbines, high-pressure compressors, and manufacturing and repair techniques. This year, MTU is celebrating its 75th anniversary.